March rents grew dramatically in Chicago and these 4 other cities

Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly. Continue reading

Warren Buffett: ‘You want a bad number’ to get good market news

In 2010, the Berkshire Hathaway Inc. CEO said that fewer housing starts can help lay the foundation for a more balanced market down the line. His own company’s recent investments in home builders show commitment to that principle. Continue reading

Rent is falling fastest in markets that added the most new supply

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading

New data shows much of the US has entered the ‘renter’s market’

The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks. Continue reading

Rent remains near record highs, but the balance of power is shifting

At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon. Continue reading

Piñata CEO: Tech can make life better for renters and managers

Lily Liu’s company offers rewards and credit reporting for renters. And she said that while there is anxiety in the market, technology has the potential to make things better. Continue reading

Rental startup Piñata debuts new payments program

Piñata Pay lets tenants build credit and earn rewards, while also potentially streamlining the rent collection process for landlords. Continue reading

Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city’s rent freeze rule robs property owners of income and due process. Continue reading

Tenants in jeopardy as rent hikes outpace value of rental vouchers

No metro in the U.S. held enough vouchers to meet soaring demand, with Miami and other cities in Florida standing out for disparities between available vouchers and renters who need them. Continue reading

RealPage hit with second class-action suit alleging rent price fixing

Tenants in Florida claim the company oversaw a “cartel” that unfairly drove up the cost of rent in markets across the Sunshine State. The claim comes on the heels of a similar suit in California. Continue reading